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The 2012 Ministerial Council Meeting marks the fifth anniversary of the launching of Enhanced Engagement, aimed at advancing the OECD’s relationship with five Key Partners, Brazil, China, India, Indonesia and South Africa. At the 2011 meeting of the OECD Council at Ministerial level (MCM), Members agreed on a Vision Statement [C/MIN(2011)6/FINAL] which highlighted the priority to be given to developing new forms of partnership and
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Over the course of the last half century, the global expansion of trade has reshaped the world economy. Trade opening has enabled economies to reap the benefits of specialisation and focus more productively on what they do best, through the sectors where they demonstrate comparative advantage.
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The OECD Skills Strategy provides an integrated, cross-government strategic framework to help countries understand more about how to invest in skills in a way that will transform lives and drive economies.
At the close of the OECD’s annual Ministerial Council Meeting, governments from 40 countries called upon the OECD to study "New Approaches to Economic Challenges" which could help them recover from the economic crisis, promote inclusive growth and create jobs.
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Investment and growth in OECD economies are increasingly driven by knowledge-based capital (KBC). In many OECD countries, firms now invest as much or more in KBC as they do in physical capital such as machinery, equipment and buildings.
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This report from the OECD Gender Initiative is designed to inform, share policy experiences and good practices, and help governments promote gender equality in education, employment and entrepreneurship.
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The Secretary-General proposes to develop a reflection process on “New Approaches to Economic Challenges” at the OECD. The aim is to respond tothe call by several countries for such a reflection, to learn the lessons from the crisis and derive its policy implications, and to build a more solid path for economic growth and well-being.
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Japan has several major strengths it can draw upon but major reforms are needed on several fronts. A keystone of the Revitalisation strategy is tax reform, not only to boost revenues but also to support growth and make it greener and more inclusive.
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The economic crisis has led to a surge in government deficits and pushed public indebtedness to 100% of GDP for the OECD as a whole in 2011. New research shows that bringing debt down to prudent levels will require sustained fiscal consolidation in most OECD countries.